London High Drama Starring President Barack Obama

London High Drama Starring President Barack Obama

By Jean-Pierre A. Fenyo, Philosopher & Writer


02:20 a.m., London, England, UK, EU – George Soros understands better than almost any person alive today just how dire the circumstances are, not just financially but in terms of global economic and geo-political stability! Within less than 24 hours the world, starting with its key decision-makers, will either breathe a deep sigh of relief and begin to rise constructively out of the muck of financial and economic doom and gloom or the world will begin its final roller-coaster ride of weeks of extreme market volatility and the beginning of what would definitely not only be something far worse than The Great Depression of 1929, but a series of other related disasters that would definitely destroy human civilization as we know it today! Given the kind of weird Global Russian Roulette Situation we have, with every one of the G-20 nations holding a gun to the head of the other, and all the potential for a total meltdown of trust, not to mention the kind of weapons of mass destruction that did not even exist in 1929, we must all hope and pray that these powerful leaders and their advisors will heed the warning of George Soros and others.

In the past few days, just before this G-20 Crisis Meeting is about to convene, France and Germany have decided to stick to their guns in their conviction that what is really needed most is stronger and better regulation of global business and finance practices and activities, and France has even threatened to walk-out if Global Financial Regulation is not significantly strengthened. For in their view this Global Financial and Economic Crisis is evidence, as they say, of the systemic failure of the Anglo-Saxon type of Global Financial Markets and International Finance structures and business activities, with its excessive deregulation, especially during the Bush Administration years. This rather harsh anti-Anglo-American stance is in contrast to the preference of the British and Americans to get the Continental European giants and other G-20 nations to pool and pour more money into government financial-crisis-management programs, including massive infrastructure investment projects and works as well as other business-salvaging programs to reduce and eventually reverse the rapidly growing unemployment rates, efforts to bail-out and prop-up key financial, banking, insurance and securities institutions, efforts to use this crisis as an opportunity to shift production towards alternative, green, transportation and energy technologies, as well as other efforts to not only restore confidence in the global economy but to set a new course for the entire world! France, Germany and a few other key European Union nations think that most of the burden of the costs of restoring global market stability should be born by the key perpetrators of this crisis, namely the United Kingdom and The United States of America. And it seems that if both sides are willing to play a dangerous, ultimate high stakes international Game of Chicken the ultimate losers may be everyone else in the world!

Obviously what is needed is some cool-headed wisdom and the determination to make every effort to find a relatively reasonable compromise, but in such a way that somehow really does end up providing the world most of what either side has wanted in the first place. For anyone sufficiently educated, knowledgeable and informed can see that both sides are more right than wrong. Sure, to blame this Global Crisis on the so-called Anglo-Saxon Financial Markets and International Finance Model is wrong. The idea that rich people and their Big Businesses would never do anything that would significantly endanger the very global stability they depend on is either very naïve or born of short-term malicious greed and selfish-minded foolishness. But such stupidity was not at all part of the original so-called Anglo-Saxon model when it all came into place at the height of The Industrial Revolution. In fact, one could just as well argue that it was actually the extremely aggressive and strict German labor-intensive model combined with the traditional Japanese Corporate Fascism model, where the individual worker is practically owned by the company they work for, which too many greedy businesspersons throughout the world, and especially in America, adopted beginning in the early 80s with Reaganomics and its sick Trickle-down Supply-side excessively consumerist-addicting economic model. Clearly this Era of Careless and Imbalanced Globalization, with its increasingly nasty and excessive competition between nation-state economies, was heavily exploited by the rich everywhere, including, to a great extent, by rich German, French and other Western European businesspersons, as well as by many rich OPEC member state citizens!

While most American and European citizens were not in any significant way the ultimate beneficiaries of the kind of greed- and selfishness-driven, ruthless business practices that made the American-owned markets such lucrative sources of investment- and speculation-based fortunes, not just for the top one percent of Americans, but also for European elite businesspersons, many who are multi-national citizens, and quite a few who are dual American and European citizens, most people in the poorer nations of the world, as well as a significant minority in America and Western Europe were the ones to have to pay the price for such excesses! Not just in terms of jobs and household economies at risk, but in terms of serious job-related health problems, suffering and premature deaths! But we must also remember the cost of AIDS and other preventable epidemics which were not at all helped (and in fact were exacerbated) by the very erroneous and zealous ideals, social strictures and policies of the administrations of Ronald Reagan, George H.W. Bush, then to a lesser extent Bush Junior’s policies, and the unrealistic attitude of some other major religious institutions. And to top it all, one must not forget to take into serious consideration the very negative financial and economic consequences of the sick terrorist attacks of 9-11-2001, which were exploited for very sinister political and financial interests by the Neo-Conservatives of the Bush Administration, to the added benefit of extreme Rapture-addicted so-called-Christians (mostly of the Neo-Evangelist type). In sum, the current Global Crisis was caused by many things combined which together became the proverbial “perfect storm”. Thus Sarkozy, Merkel and Jean-Claude Juncker, to name just a few, are not as righteous in their condemnation as would first appear to be the case.

Surely President Obama cannot be in any way held responsible for this mess which was caused, in great measure, by the Bush Administration’s rampant deregulatory practices and policies and its Fiasco in Iraq, with its very negative consequences for the rest of the world! In fact both Chancellor Merkel and President Sarkozy would be well advised to listen to Obama and his entourage of experts, as well as to George Soros, whose advice was echoed just the other day by both Prime Ministers Kevin Rudd of Australia and Gordon Brown of the UK. Now would be the very worst time for France to storm out and Germany to stand still, especially as recent events in The Middle East show how desperately and urgently all peoples there need President Obama to be able to restore confidence in the global markets so as to concentrate on using his magnificent talent at bringing diverse groups together and his exceptional skill at talking sense into people, for the sake of lasting peace, global security and a New Era of Prosperity based on real technological, social and environmental progress!

Jean-Pierre A. Fenyo is an Independent Philosopher, Writer and Political Scientist, famous for being The Original New York City Free Advice Man in the late 1980s. He is the author of several books, including “The Most Important Thought” and “Infinitism: Secret Key To The Doors of Wisdom”, and was the first Democrat to accurately predict almost a year in advance the Obama-Biden ticket and its subsequent victory at the US National Elections of 2008. He currently resides in London, England, where he is busy with various new projects, and writing a book about Eccentrics and their Indispensable Role in Healthy Democracies. A movie about his life as The Free Advice Man is in the works He has advised thousands of people directly, including famous celebrities and other VIPs, such as George Soros, Vice President Joe Biden, former President Bill Clinton, former Vice-President Al Gore, The Obama Campaign, Actor and Director Woody Allen, the late Actor and Song & Dance Man Andy Kaufman, and many others. His ideas and indirect advice have influenced the lives of millions.